Wells Fargo Bank · Montana · 2025

Wells Fargo Bank in Montana: approval rate, denial rate and rates (2025)

Wells Fargo Bank took 281 mortgage applications in Montana in 2025, ranking #31 of 553 lenders active in the state. It originated 53.7% of them and denied 15.7% (22.3% of the applications it decided), against a statewide denial rate of 14.8%.

281Applicationsin MT
22.3%Decision denial ratestate 18.7%
6.38%Median ratestate 6.63%
$255,000Median loanstate $275,000
$120MVolume38 counties

Wells Fargo Bank in Montana vs the state

15.7%Denial rate+0.84 pts vs state
22.3%Decision denial rate+3.64 pts vs state
53.7%Origination rate-8.24 pts vs state
6.38%Median rate-0.25 pts vs state
0.05Rate spread (pts)-0.19 pts vs state
$108kMedian applicant income
151Loans originated
44Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333615025.3%6.50%#19
202426912123.8%6.50%#28
202528115115.7%6.38%#31

What Wells Fargo Bank lends in Montana

By loan purpose

Home purchase 154 55% · 13.6% denied
Refinance 21 7% · 4.8% denied
Cash-out refinance 74 26% · 12.2% denied
Home improvement 14 5% · 50.0% denied
Other / HELOC 18 6% · 33.3% denied

By loan type

Conventional 264 94% · 15.2% denied
FHA 10 4% · 40.0% denied
VA 7 2% · 0.0% denied

Why it denied Montana applicants

Debt-to-income ratio 21 48%
Collateral 12 27%
Credit history 6 14%
Insufficient cash 2 5%
Unverifiable information 2 5%
Other 1 2%

Where in Montana

Counties with the most Wells Fargo Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Flathead County 41265 12.2%
Gallatin County 41248 19.5%
Yellowstone County 27170 0.0%
Cascade County 20121 5.0%
Silver Bow County 1896 33.3%
Missoula County 1884 22.2%
Lewis and Clark County 1573 20.0%
Lincoln County 942 22.2%
Deer Lodge County 961 11.1%
Park County 932 22.2%

Other large lenders in Montana

LenderGradeApplicationsDenial rateMedian rate
Glacier BankD 3,01816.2%7.25%
Stockman Bank of MontanaB 2,9116.3%6.88%
Rocket MortgageC 1,99917.5%6.75%
United Shore Financial ServicesB 1,8579.2%6.25%
Opportunity Bank of MontanaB 1,6089.8%6.88%
Evergreen Moneysource MortgageB 1,1581.1%6.25%
U.S. BankD 1,02427.1%7.13%
First Interstate BankD 98722.9%8.25%
Mortgage Research CenterC 94016.7%6.13%
Crosscountry MortgageB 9205.1%6.63%

Frequently asked questions

Montana: 281 applications in 2025, of which 151 were originated and 44 denied.

15.7% of all applications, or 22.3% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans Wells Fargo Bank originated in Montana in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Wells Fargo Bank's own HMDA filing for properties located in Montana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology